London Stock Exchange welcomes Nomura ETFs

On the back of listing two new UCITS ETFs on 19 January 2015, Nomura was officially welcomed by the London Stock Exchange by opening trading in London this morning.

Nomura, an Asian-based financial services group, launched the following Exchange Traded Funds:

  •  Nomura Nikkei 225 EUR-Hedged UCITS ETF
  •  Nomura Nikkei 225 USD-Hedged UCITS ETF

The ETFs are available to investors in key European markets.  

The investment objective of the funds is to track the performance of the recently launched Nikkei 225 Total Return US Dollar and Euro-hedged indices, which reference the most liquid equities traded on the Tokyo Stock Exchange. Offering the ETFs in US dollar and euro-hedged formats will allow investors to gain exposure to Japanese equities, while reducing the impact of exchange rate fluctuations.

The ETFs are part of the Nomura NEXT FUNDS range, which offer physical replication of benchmark indices in various asset classes. It is the first time NEXT FUNDS have been distributed outside Japan and in UCITS format.

The launch is the result of collaboration by Nomura Asset Management (NAM) and Nomura Alternative Investment Management Europe (“NAIM”). NAM is the largest asset management company in Japan, with assets under management in excess of $300 billion (as of September 30, 2014). NAIM is an investment management company within the Nomura group.

Mike Ward, Head of Equity Sales, EMEA, at Nomura, said: “Providing access to Asia is a key differentiator for Nomura, and the launch of the USD and Euro-hedged Nikkei 225 UCITS ETFs reflects the broad level of interest in Japanese equities among our international clients. These funds are the first in a series of ETFs we plan to launch through the partnership of NAM and NAIM.”